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US Debt Surpasses $40 Trillion as Bitcoin Rallies on Debasement Trade

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • US national debt reached a record $40 trillion, heightening fears of a sovereign debt doom loop.
  • Escalating interest bills and rising bond yields are driving the currency debasement narrative, propelling Bitcoin higher as investors seek hard-asset hedges despite hawkish Federal Reserve signals.
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75927.87 +15.50% over the displayed period

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